An RBI assessment of new equipment or a new project may:

According to API 580, Section 6.2.8:

“An RBI assessment made on new equipment or a new project while in the design stage may yield important information on potential risks. This may allow potential risks to be minimized by design and have a RBI plan in place prior to actual installation.”

This statement confirms the value of performing RBI even in the absence of historical data, especially for forward-looking risk identification.